Mondelez 2012 Annual Report Download - page 383

1.14 IRS Annual Compensation Limit . The term “ IRS Annual Compensation Limit ”
means, with respect to any Plan Year, the limit on
the annual compensation that may be taken into account under the Thrift Plan or the Retirement Plan for such year under Code section 401(a)
(17).
SECTION 2
Participation
2.1 Participation . Each employee of an Employer who has met the eligibility and enrollment requirements set forth in subsections 3.1 or
4.1 of the Plan will become a “ Participant ” in the Plan as of the date on which he meets such requirements.
2.2 Plan Not Contract of Employment . The Plan does not constitute a contract of employment, and participation in the Plan will not give
any employee the right to be retained in the employ of any Employer or any right or claim to any benefit under the Plan, unless such right or
claim has specifically accrued under the terms of the Plan.
2.3 Continued Participation
. Once an eligible employee becomes a Participant in the Plan, he shall remain a Participant for so long as he is
entitled to a benefit under the Plan.
SECTION 3
Supplemental Thrift Plan Benefits
3.1 Eligibility for Supplemental Thrift Plan Benefits . Subject to the conditions and limitations of the Plan, each Transferred Employee or
Former Cadbury Employee who was a Participant in Section 3 of the Kraft Plan (as defined therein) immediately prior to the Spin Date will
continue to be a Participant in this Mondelēz Global Plan under this Section 3 on and after that date, and each other employee of an Employer
who was not such a Participant immediately prior to the Spin Date will be eligible to participate in the Plan under this Section 3:
3.2 Accounts . The Committee shall maintain (or cause to be maintained) a bookkeeping “ Account ”
in the name of each Participant under
this Section 3 to reflect such Participant’s supplemental Thrift Plan benefits under the Plan. Each Participant’
s Account shall be credited with the
following amounts:
4
(a) for purposes of deferrals under subsection 3.3, on the first day upon which he is both eligible to participate in the Mondelēz Global
LLC Thrift Plan (the “ Thrift Plan ”) and is designated by the Committee as eligible to defer compensation under subsection 3.3;
and
(b) for purposes of the benefit described in subsection 3.6, on the first day upon which he is eligible for a supplemental basic
contribution credit under the provisions of subsection 3.6.